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...company, Lee triumphed in the country's 2007 election on a platform of reform aimed at returning South Korea to rapid growth. Not only did the economic crisis make his campaign promises sound hollow, the President and his policy team came under heavy criticism for reacting too slowly to stem the turmoil. "The problem has become deeper than necessary," says Charles Chang, managing partner of Seoul-based boutique investment-banking firm Accolade. "It is the failure of the government." Chang believes policymakers did a poor job of building confidence among foreign investors to calm markets...

Author: /time Magazine | Title: A Depressed Mood | 11/13/2008 | See Source »

...proposal from the Department of Stem Cell and Regenerative Biology will now go before the Faculty for full passage...

Author: By Benjamin M. Jaffe and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: Harvard Faculty Council Backs New Undergraduate Stem Cell Concentration | 11/13/2008 | See Source »

...concentration, called “Human Developmental and Regenerative Biology,” will focus on how human beings develop from a fertilized egg, how humans are maintained and repaired throughout adulthood, and how they age until death, according to William J. Anderson, lecturer on stem cell and regenerative biology...

Author: By Benjamin M. Jaffe and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: Harvard Faculty Council Backs New Undergraduate Stem Cell Concentration | 11/13/2008 | See Source »

...effort to stem foreclosures and the depressed house prices they perpetuate entered a new phase on Tuesday as Fannie Mae and Freddie Mac announced a fast-track program meant to make hundreds of thousands of mortgages affordable to people who can't currently meet their monthly payments. The roll-out follows on the heels of new loan modification programs at JP Morgan Chase and Citigroup, but the move at Fannie and Freddie, which together hold or guarantee some 58% of single-family home loans, has the potential to reach much farther since the mortgage industry often takes its cue from...

Author: /time Magazine | Title: Fannie and Freddie Offer New Plan to Help Homeowners | 11/12/2008 | See Source »

...sudden uptick in tension comes at a moment when Syria had begun to appear as one of the bright spots in a troubled region. U.S. officials had acknowledged that Syria had begun to stem the flow of insurgents into Iraq, while last spring, Damascus revealed that it had been holding indirect peace talks with Israel. President Assad, moreover, had said peace in the Middle East was possible within two years, if only the U.S. would sponsor direct talks, and hopes were high that the incoming Obama Administration would do just that...

Author: /time Magazine | Title: Was the U.S. Right About Syria Nukes? | 11/11/2008 | See Source »

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